High Rates for both Sellers & Buyers - What does it mean?
We do get a lot of questions about the high rates for both sellers and buyers. In this video, Larry shared some thoughts and information about it.
As a buyer, you can still buy a house but it may affect your buying power a bit – like the price of the property you want to purchase or maybe even the size of it due to the rising interest rate. As per the seller side, there might not be a lot in your the ‘buyer pool’ due to high interest rate but the best time to sell your house is NOW. Don’t wait for another 6 months and interest can go up even more.
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